C4
Good question that you ask on my broad statement.
*BMN will have a JORC between 100mlb - 120mlb by July on Anomaly A alone .. not even their best deposit.
*They have drilled this to 50m x 50m grid.
*Feasibility studies into an 8mill lb/pa mining operation underway
*They have already begun to drill in two more deposits, one to the North which looks like joining Anom A making one BIG super deposit
*The other deposit at Rossingberg, is currently being drilled, has historic drill results in hand, and is 4-6 klm long.
*They have another 7 similar deposits to move onto next
I could keep on going.
With EXT you are right, they have to get their initial JORC out first. But it will easily be 30m/lbs as a start at Ida Dome. Some ridiculously high grades there:
125m @ 1,344 ppm U3O8
Includes 31m @ 4,477 ppm U3O8
Which also includes a grade of 3m @ 44,601 ppm U3O8
Getting that in perspective, its like WME getting a drill intercept of 750m at 213ppm (WME's grade) This is serious high grade bulk tonnage.
Then the excitment is mounting with Rossing South. To be honest, I think that EXT management are turning their attention to this as their "Flagship" deposit. Only 1klm from the Rossing deposit border, they have hit a MASSIVE undercover alskite dome that is FIFTEEN KILOMETERS long, with results so far:
40 metres @ 240 ppm U308
100 metres @ 265 ppm U308
167 metres @ 229 ppm
90 metres @ 341 ppm
81 metres @ 536 ppm
81 metres @ 378 ppm
40 metres @ 607 ppm
19 metres @ 2,139 ppm
19 metres @ 517 ppm
Thats just the start.
Back to WME, dont get me wrong, they are a beauty IMO, and will have much further to go before they get to fair value.
I own shares in all three
cheers
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